COO Buys Out Partner In N.C. Broadcaster
July 3, 2008 at 5:42 AM (PT)
COO JASON BAKER is buying out his partner WILLIAM WHITLOW's interest in CAPSAN, INC., licensee of AAA WVOD (99.1 THE SOUND)/MANTEO, NC, Classic Hits WFMZ (CLASSIC HITA 104.9)/HERTFORD, NC, Country WYND-F/HATTERAS, NC, and Sports WZPR-A/NAGS HEAD, NC for consideration of $1.
The deal adds WHITLOW's 41.117% interest with BAKER's 41.117% to give BAKER positive control of CAPSAN.